Reduced Sugar Products Market: Overview
Reduced sugar products are a good alternative to products with artificially added sugar, which is a growing trend pressurizing the food industry across the globe. There are different types of reduced sugar products available in the market such as fruits, vegetables, bread, wraps, snacks, beverages, salads, sauces and bakery products, etc. Consumers’ health concerns drives the market for reduced sugar products over the forecast period.
The rising processed food industry is likely to expand the market for reduced sugar products as the uptake of processed food has increased. The growing health awareness will have a positive impact on the reduced sugar products market in the near future.
The new developments in the food industry have led to an increase in the use of reduced sugar products due to its health benefits and reduction in the risk of health hazards and diseases. The increased adoption of low sugar containing products are likely to expand the market for reduced sugar products.
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Reduced Sugar Products Market: Market Dynamics
Rising consumption of reduced sugar products as an alternative to high glycemic index products is the key driver for the growth of the global reduced sugar products market.
Obesity in humans usually occurs due to high intake of sugar, fats and calories, which increases the risk of numerous health conditions such as hypertension, adverse lipid concentrations and type-2 diabetes. These conditions in turn leads to various other complications in human health and can adversely influence the deterioration of health during seizures, heart-related ailments and other body-organ failures. The U.S. has traditionally shown the highest obesity in the world with the number of adult and child obesity cases on the rise since the 1980’s. In 2010, 35.7% of all the Americans over the age of 20 were rated obese according to the new health and obesity standards. With a large number of child obesity cases prevalent in the U.S., these health concerns have become very important in the healthcare segment.
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Additionally, the booming health awareness across the globe is expected to have a positive impact on the global reduced sugar products market. The rising expenditure on the alternatives to health hazard products is likely to increase the demand for a reduced sugar products.
Reduced Sugar Products Market: Market Segmentation
The reduced sugar products market is segmented into different parts based on product types, sales channel and geography.
Based on product types, the reduced sugar products market is segmented into:
- Fruits & Vegetables
- Bread & Wraps
- Dairy & Desserts
- Meal Replacements
- Other Products
Based on sales channel, the reduced sugar products market is segmented into:
- Modern Trade
- Online Stores
- Drug Stores
- Departmental Stores
- Convenience Stores
- Other Sales Channel
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Reduced Sugar Products Market: Regional Outlook
The reduced sugar products market is expected to register a healthy growth across all the geographies during the forecast period. The rising processed food industries across the globe likely to push the market for reduced sugar products. The emerging economies are expected to create notable demand for reduced sugar products as there is lucrative growth in the health awareness programs and health awareness. The Asia Pacific excluding Japan (APEJ) represents a considerable growth for reduced sugar products, and the reduced sugar products market is expected to grow at a significantly high rate due to the increasing population and changing food, and healthy habitats. China and India’s developing market is expected to have a positive impact on the growth of reduced sugar products market. North America is a growing market with significantly high market share due to high per capita income and the consumers’ high expenditure on health benefit products is likely to boost the reduced sugar products market. The reduced sugar products market in Europe is likely to expand as processed food and healthy food habitats of consumers from the region is likely to boost the market for reduced sugar products.
Reduced Sugar Products Market: Key Players
Some of the prominent players in the reduced sugar products market are Alchemy Foodtech Pte. Ltd., Fifty50® Foods, LP., Unilever, Hain Celestial Group, NOW Foods, Givaudan SA, The J. M. Smucker Company, Bayn Europe AB and Nestlé S.A., among others.
The research report presents a comprehensive assessment of the reduced sugar products market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report for reduced sugar products provides analysis and information according to market segments such as geographies, product type and sales channel.
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Reduced sugar products market report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Reduced sugar products regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe)
- South Asia (India, Thailand, Indonesia, Malaysia, Rest of South Asia)
- East Asia (China, Japan, South Korea)
- Oceania (Australia & New Zealand)
- Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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The reduced sugar products report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report for reduced sugar products provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. Reduced sugar products market report also maps the qualitative impact of various market factors on market segments and geographies.
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